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The downsides of a world with billionaires in it are well-rehearsed: billionaires can convert their vast wealth to power, and use that power to turn their whims and pet theories into policy failures that affect millions - or even billions - of people. 1/ 
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2022/05/11/a-d… 2/
pluralistic.net/2022/05/11/a-d… 2/
Take Bill Gates. Forget all the conspiracy theories about Gates and vaccines - it's bizarre that people bother to make up those fairy-tales when the truth is so much worse. 3/
